Richemont maintained strong momentum with sales up 11% at constant rates for third quarter ended 31 December 2025
Compagnie Financière Richemont SA
("Richemont" or "the Company" or "the Group")
(Incorporated in Switzerland)
Share code: CFR
ISIN: CH0210483332
AD HOC ANNOUNCEMENT PURSUANT TO ART. 53 LR
15 JANUARY 2026
RICHEMONT MAINTAINED STRONG MOMENTUM
WITH SALES UP 11% AT CONSTANT RATES
FOR ITS THIRD QUARTER ENDED 31 DECEMBER 2025
Highlights for the quarter ended 31 December 2025
* Very solid calendar year end with Group Q3 sales of EUR 6.4 billion, up by
11% at constant exchange rates against demanding double-digit comparatives in
prior-year period; Q3 sales up by 4% at actual rates
* Continued strength at Jewellery Maisons, with sales up by 14% at constant
rates; further improvement at Specialist Watchmakers, up by 7%; stable 'Other'
sales, with Fashion & Accessories Maisons up by 3%
* Growth across all regions at constant exchange rates, with notable
double-digit performances in the Americas, Japan and Middle East & Africa
* Solid growth across all distribution channels led by retail, up by 12% at
constant exchange rates
* 9-month sales at EUR 17.0 billion, up by 10% at constant exchange rates and
5% at actual rates
* Consistent investment to nurture Maisons' growth prospects in a complex
macroeconomic environment marked by weaker main trading currencies and rising
material costs continuing to weigh on margins
* Robust net cash position at EUR 7.6 billion
October-December 2025 2024 Movement at:
EURm constant rates actual rates
By region
Europe 1 550 1 456 +8% +6%
Asia Pacific 1 870 1 913 +6% -2%
Americas 1 740 1 647 +14% +6%
Japan 632 592 +17% +7%
Middle East & Africa 607 542 +20% +12%
By distribution channel
Retail 4 601 4 382 +12% +5%
Online retail 413 419 +5% -1%
Wholesale and royalty income 1 385 1 349 +9% +3%
By business area
Jewellery Maisons 4 785 4 501 +14% +6%
Specialist Watchmakers 872 867 +7% +1%
Other 742 782 – -5%
Total 6 399 6 150 +11% +4%
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This results announcement is the responsibility of the directors of Compagnie
Financière Richemont SA and is a summary of the information in the full
announcement available on the Stock Exchange News Service ("SENS") at:
https://senspdf.jse.co.za/documents/2026/JSE/ISSE/CFR/FY26Q3.pdf and on the
Group's website: https://www.richemont.com/news-media/press-releases-news/
This results announcement does not contain full details and any investment
decision by investors and/or shareholders in relation to the Company's shares
should be based on a consideration of the full announcement. The full
announcement is also available for inspection, at no charge, at the Company's
registered office (50 Chemin de la Chênaie, 1293 Bellevue, Geneva, Switzerland)
and the office of the Sponsor during standard office hours.
Richemont 'A' shares issued by Compagnie Financière Richemont SA are listed and
traded on the SIX Swiss Exchange, Richemont's primary listing
(Reuters 'CFR.S' / Bloomberg 'CFR:SW' / ISIN CH0210483332). They are included in
the Swiss Market Index ('SMI') of leading stocks and the MSCI Switzerland IMI
ESG Leaders Index. The 'A' shares are also traded on the Johannesburg Stock
Exchange, Richemont's secondary listing
('CFRJ.J' / Bloomberg 'CFR:SJ' / ISIN CH0210483332).
Sponsor:
Rand Merchant Bank (A division of FirstRand Bank Limited)
1 Merchant Place, Corner of Fredman Drive and Rivonia Road, Sandton, 2196
Email: sponsorteam@rmb.co.za
Date: 15-01-2026 08:00:00
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